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Market in Minutes | Czech Republic Investment Market Q1 2022

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INVESTMENT MARKET HIGHLIGHTS: Q1 2022

  • In the Czech Republic, €898 million worth of investments were traded in Q1 2022, demonstrating a 210% year-on-year (y-o-y) increase. Without the Residomo transaction which was closed in Q1 2020, this quarter's investment volume would be the highest since Q1 2019.
  • Although the quarterly transaction count fell significantly, the average transaction size more than doubled compared to the previous 12-quarter average.
  • The office sector regained its dominance with 58% of Q1 volumes. Activity also picked up in the retail sector with volumes in the sector accounting for 29% of the market, while the share of industrial assets in Q1 volume dropped to 14%.
  • With a transaction volume of €519 million, Prague attracted the most capital in Q1 and saw five transactions close.
  • The total transaction volume was largely led by domestic investors who acquired five properties worth more than €435 million (48% of total volume), followed by European buyers at 39%.
  • Following a slight correction in industrial and office yields in Q4 2021, there have been no further changes in prime yields in the first three months of 2022 in any sector.

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